Floods are becoming more frequent and severe due to climate change, and their insurability poses challenges to the insurance industry, homeowners and companies alike. Swiss Re just released an app for iPad that explores the world’s flood hotspots and different solutions to tackle flood risk. Learn more and download the app, HERE.
Flood losses are increasing at an alarming rate, while the insurability of floods provides unique challenges for the industry according to Swiss Re’s latest report, Flood – an underestimated risk: Inspect, inform, insure. Coinciding with the release of the publication is the release of the flood app, which packages Swiss Re’s flood expertise into an interactive medium for iPads.